H mpacked week filled w earnings. The state of the Union Address and the big jobs report end of the week. But what got investors nervous today was a rise in bond yields with thete year yield hitting its highest level in nearly four ye just one day before the start of a fed meeting. Theow jones industrial average dropped 177 points to 26439, nasdaq was off 39. And the s p 500 fell 19. Bob pisani takes a look at this big week ahead. Stocks took a breather today, ilbut therel be no shortage of marketmoving events to watch this week. Were more than a quarter of the way thrgh earnings ason, and this will be the busiest week yet. On the surface, this news could not better. Earnings are growing faster than anticipated. And thats the best news you can get. So far roughly 80 of Companies Reporting are beating earnings estimates in the Fourth Quarter. Now, that is way above historicn. It normally would be closer to 60 , so were 20 above the normal numbers. But traders have been getting nervous a
Here at this hour, by the way. We also have both covered with a live report from iraq and our pros weigh in on just what the fed may do this week. Also, a very special and exclusive interview after the bell, traveler ceo jay fishman in a rare oneonone. He is widely viewed as one of the most respected and effective ceos in the corporate world. Fishman will weigh in on the state of his business, the overall economy and much, much more. You dont want to miss it. All right, we cant wait. In the markets right now, take a look at the dow. It is down about nine points. The situation in iraq is certainly weighing heavily on the minds of investors today. The fed meeting, which is looming, which begins tomorrow, is as well. The nasdaq holding on to a gain of just under four points. And the s p 500, we can call that flat on the day. Joining our Closing Bell Exchange right now is rob stein of Astor Investment management, joe tanias, kim forrest of fort pitt capital group. Wow, i got that right, fi
Plan and reversed course, but the move begs the question, how vulnerable are your retire the benefits . That and more tonight on nightly Business Report for monday, february 10th. Good evening everybody. Im sue herrera in this week for susie gharib. Im tyler mathisen, welcome everybody. We begin with news about an iconic company, the official restaurant of the sochi winter games, mcdonalds. Turns out the dollar menu isnt helping much in the u. S. And weighed on shares of the dow component today but things across the globe are looking better. People are ordering up big macs in europe, a key market for the company. In all sales rose more than 5 in the Asia Pacific Region where mcdonalds opened the first restaurant in vo restaurant vietnam and the ceo says hes investing in asia. Whether thats ma loasia, so co korea, were investing for long term. We have more on mcdonalds strategy in china and why getting it right there is so important. Reporter hamburgers on ice is on the menu in china to
Plan and reversed course, but the move begs the question, how vulnerable are your retire the benefits . That and more tonight on nightly Business Report for monday, february 10th. Good evening everybody. Im sue herrera in this week for susie gharib. Im tyler mathisen, welcome everybody. We begin with news about an iconic company, the official restaurant of the sochi winter games, mcdonalds. Turns out the dollar menu isnt helping much in the u. S. And weighed on shares of the dow component today but things across the globe are looking better. People are ordering up big macs in europe, a key market for the company. In all sales rose more than 5 in the Asia Pacific Region where mcdonalds opened the first restaurant in vo restaurant vietnam and the ceo says hes investing in asia. Whether thats ma loasia, so co korea, were investing for long term. We have more on mcdonalds strategy in china and why getting it right there is so important. Reporter hamburgers on ice is on the menu in china to
Financial security, aols ceo altered the companys 401 k plan and reversed course, but the move begs the question, how vulnerable are your retire the benefits . That and more tonight on nightly Business Report for monday, february 10th. Good evening everybody. Im sue herrera in this week for susie gharib. Im tyler mathisen, welcome everybody. We begin with news about an iconic company, the official restaurant of the sochi winter games, mcdonalds. Turns out the dollar menu isnt helping much in the u. S. And weighed on shares of the dow component today but things across the globe are looking better. People are ordering up big macs in europe, a key market for the company. In all sales rose more than 5 in the Asia Pacific Region where mcdonalds opened the first restaurant in vo restaurant vietnam and the ceo says hes investing in asia. Whether thats ma loasia, so co korea, were investing for long term. We have more on mcdonalds strategy in china and why getting it right there is so importan